»Bank, severally taken up.
iter.
.
tates; providing that
Liting to the settlement of es _ ‘
inherit the estate of
illegitimate children may.
their mothers; read first time. ‘
Reports of Directors. Vvatden. 550- Of CW1‘
riecticut. State Prison, and of the committee l0
investigate the affairs of New Haven Cll)’
and with accompany-
transtriitted tothe Senate-
e on the State Prison. ft“ P9‘
Eldridge G. lsvarts,
ing documents.
Joint committe
titions of Geo. Herrick, _ ,
Francis Crawiey, and Geo. Hill. C0l_“’lCl5 1“
State Prison, reported unfavorable, wrtltgleave
to withdraw. On petition of Nath’l (..oget‘.
favorable, with resolution disc-liargtng him 0-‘I ll"?
24th ofAugust next. Reports severally accept-
ed; resolution adopted. _ _
Bill confirming doings of town nieetttlf-5 ‘“
Ashford, called up, and referred to comrnittee on
Judiciary. Bill relative to Notaries Piiblic, read
third time and referred to same C0l‘lHi']lllCC..
Message frorii the Governor, a_ccoir:paIl_\'I':l.‘-I 3
report from Mr. Sliepartl, one of Il‘ie_comiiiittee
to make a Mineralogical and Geological survey
of the state; severally read and referred to joint
committee on that part of the Goveruo_r’s aniiital
message relating to that subject. Atl_]uttmcd-
T/zursrlay. Jllay 19.
Prayer by the Rev. Mr. Moore. I
House called to order at 9 o‘clock, and journal
of the House read.
The chair annourtced as committee on the siib-
ject ofa revision ofPauper Laws: Messrs. Ray-
'morid of. New Canaan. Bilge. T0“'“5"“‘h HOT‘
rick, Taft, Harrison, Paddock, and Eldritlgt-.
"Petition of Henry D. Stevens for tli_-clrarge
from confinement, referred to committee on State
Prison. Of Lcgrand Hubbcll. for liberty to giie
lessons in Horserriansliip, referred to committee
on Amusement Laws. Of Anthony Guernsey
and of Mertfitt Hemingway, severally for leave
-to sell real estate, referred to committee on sale
ofReal Estate. Petition ofStephen T. l;lostnr-.r
came back from the Senate, referred to a coin-
mittee on Claims ; House recorisidercd and
concurred.
The committee on Military Returns, reported
the names of sundry persons to be cornuiissioried
as officers in the militia of this State ; report ac-
cepted. _
The committee on Divorces reported on peri-
tions of Amanda Grant.and of Mabel Lagritnguc.
severally, favorable, with resolutions ()i"I)l\'t)t'(:C;
on petition of Tabitha C. Bi-own. unfavorable.
with leave to withdraw. Reports accepted ;
resolutions adopted. .
The committee on Claims reported on petitions
of Oliver Ripley and Enoch C. Stanton, unfa-
vorable, with leave to withdraw. Reports sev-
erally accepted. ' .
Sundry remonstrauees against the petition of
Rockwell Hoskins and others to be annexed to
the town of Blootnfield; referred to comiiiittcc
on New Towns and Probate Districts.
Memorial of the Directors of the Retreat fur
the Insane, asking an approprirition for the re-
li,efofPauper Lunatics; referred to a select corri-
mittee ; one from a county.
Petition of 2d Company, 2d Regiineizt Light
Artillery to be annexed to the 1-‘uh Re,£'ll.iienl
Infantry, referred to a committee on Military
Returns.
A communication was received frotii the D2-
rectors of the Quiiiebaug Bank ; exculpatory of
the conduct of that institution in relation to :he
recent Bank Investigation, which was read, and
referred to committee on Banks.
The order of the day ; the proposed amend-
ment ofthe Constitution, limiting the tenure of
oflicecof the Judges of the Supreme Superior
and Cour-ts. _ _ , ,
Mr. \Voodruff said the subject c
by the resolution, was one of very considerable
importance, and had been under ccnsrderatioii
among the people for several years past. The
resolution before the House was if‘.il'0(lU("(‘Ll at
the last annual session of the Legislature, to-
wards the close of tliatsession and in coriscquencc
ofthe pressure of business at that time, there was
very little discussion and very. little nttcutiori
was given to the resolution.
ontcmplat-ed
He had then stip-
posed that tho term of the ofiice ofilie Judges.
‘was fixed. bythis resolution at five years. but on
examination it will be seen that this is not the
case. The language of the resolution is ‘not
more than five years,‘ and if adopted. its effect
would be to leave the subject ppcp and l_«i_o_se,_aJriJcl
it i‘b"ii’i‘zii;"" ‘°
e it even an animal appoiiittireritc If
all the public discussions in the papers and otlier- '
wise, the-resolution had been considered as lirnit-
ing and fixing the term at five years, but in the
point of View in which he had now considerctl it,
he believed it would not meet the views ofthose
who might be in favor of some lirnitatioii other
than now existed. or oftlie cotiimunity g_e'rieral-
ly, and in the foriri in which it is now prescritcd,
he should be opposed to its adoption.
Mr. Phelps of Simsbury, said the gentleman
from Litchfield had started some olijectioirs to
the resolution. which he ccrtai_nly had not thought
ofhimself, and he believed it could not liavc
been so understood by the meiiibeis generally.
He would therefore move that it be laid on the
table.
Mr. Boardman said he was anxious to hear
the opinions of gentlemen in relation to this mat-
A day had been assigned for the considera-
tion, aud he had waited in hopes of hearing sortie
reason from its friends fortlie adoption of the
resolution. He hoped tliegeutleman would cori-
scnt to withdraw the motion to lay on the table.
Motion prevailed ; resolutigu laid on the
table. -
The annual Report of the Commissioner of
the School Fund, with accompanying documents
referred to committee on SCl‘.00l Fund, with or-
der for printing 1000 copies of the Report, and
such number ofacconipanying documents as the
comtnittee may think expedient.
Reports of the Treasurer, Comptroller. and
__ Auditor, laid on the table for inspection of the
members.
Memorial of Josiah Fuller, referred to corri-
mittee on Claims.
A message from the Governor, accompany-
ing report of commissioners appointed to make.
distribution of arms belonging to the state ; read
and transmitted to the Senate.
Report of Treasurer of New-London Savings
Bank, read and accepted. _
Report of the comuiittee appoinrerbat the
special session, to receive proposals for the repair
of the State House in New Haven, read and re-
ferred to ajoint comriiittee ; three on the part of
the House.
Srtndry resolutions permitting entry of peti-
tions in the Sccretary’s Office, were retur.iied
from the Senate ncgatived, and coriitriittees of
conference were appointed.
Bill relative to School Societies and Common
Schools. read second time, and referred to coni-
mittee on Common Schools.
Petition of Lockwood De Forest and others,
referred to committee on Banks.
Bill providing that illegitimate children may
inherit the estate of their niotlicrs, on second
reading, referred to committee on Judiciary.
Mr. Dixon introduced a bill for a public act,
removing disqualification of.ludges of Probate
in certain cases ; read first time.
Remonstrance of James \V. Judd and others
against the commissioning of Frctlcriclt E. Halo
as captain. and Samuel Ellis as Ensign; refer-
red to committee on Military’ Returns.
Petition ofAnu lltirlbu rt, referred to com mittee
on Judiciary.
Bill rclatitig to Town Clerks, taken upon its
~
Mr. Hooker ofiered sundry
dest.-ltory debate ensued; the
ittee on Judi-
third reading.
amendments : a
bill was finally referred to comm
ciary. Adjourned.
Frialay, May 19. _
The Chair announced as committees: On re-
pairs of the State House at New Haven, Messrs.
Stiles of Thompson. Peck of Southbury, and
Brinsmade of \Vashington.
On memorial of Directors 0
Messrs. Palmer of East Haddam, Cornwall.
Crampton, \Villianis. Of Smnfilnglofl. Edwards.
Sharpe, Judson, and Williams of Bolton. .
Report of committee appointed to investigate
the affairs of the Union Company, continued
from the last session, taken up and referred to a
joint select committee. Motion to print lost.
Bill for a public act, constituting the town of
Ledyard, a Probate District, read first time.
Retnonstrance of Daniel Allen and others,
referred to committee on Roads and Bridges.
Remonslrallce of several hundred citizens,
male and female of New Haven, against the
licensing of Theatrical Exhibitions, read and re-
ferred to select committee on that subject.
The committee on the Judiciary reported the
bill limiting ririie for return of Justice Writs.
witlt amendments, changing time from 21 to 20
davs; read and laid on the table.
Petition of Smith VVilkinson and others pray-
ing repeal of the law relating to Schools for
colored persons, referred to committee on Com-‘
mon Schools.
Report of the President and Fellows of Yale
College, read and accepted. _
Message from the Governor accompanying a
communication from the state of Maine, relating
to the eastern boundary of that state. read and
referred to committee on Execut.ive Correspon-
dcnce. _ _
A further report from the committee on Mili-
iary. Returns, read and accepted; resoltition fpr
the cotrimissioning of sundry persons therein
named; adopted.
Bill removing disqualfication of Judges of
Probate in certain cases; read second titiie, and
referred to committee on Judiciary.
On motion of Mr. Phelps of Simsbury, the
House resumed the consideration of the proposed
amendment of the Constitution relative to the
tenure of office of Judges of Sripreme Courts.-
A tlesultory debate, of noinaterial public interest
ensired,which resulted in a motion for the assign-
ment of Tuesday next, at 10 o'clock, for the
further consideration of the resolution. Motion
prevailed.
The committee on divorces reported on the
petitions of Lucinda Brown and of Huldah Jen-
uincs ; favorable. Reports accepted, resolution
of Divorce severally adopted.
The committee oti Incorporations other than
Banks, reported on petition of Kent Iron Manit-
faciory Company, favorable; resoliitiou amend-
iug the charter oftliat ’3ompany; adopted.
‘resolution appointing Erastus Coil, Director
oftbe Norwich Bank, on the part of the State, for
the ensuing year; adopted.
Mr. Dixon introduced a bill for a public not
relative to an entry of petitions; read first time.
Resolution authorizing the Court ofProbate for
the district of Stamford, to appoint an adminis-
trntor on intestate estate of Hannah Husted,
more than seven years deceased ; adopted.
Rcmonstrazice oflsaac D. Bull and 200 other
citizens of Hartford, against the passage of any
law authorizingthe license of Tlieatrical_ Exliibi-
tions, read and referred to select committees on
that subject. _
Petition of Jirah Ishani and others, citizens of
New London, praying relieftinder existing pub-
lic enibarrassmcnts. the suspension of specie
payments by the Bank, écc. read and referred to
committee on Banks.
The committee on the State Prison, reported
on the petition ofl-Ienry D. Stevens, unfavorable,
with leave to withdraw ; of George Wright and
of Timothy Stanley, favorable. Resolutions
discliarging George Wright on the rising of this
Assembly, and Timothy Stanley, forthwith ;
adopted.
The report of the committee on Divorces on
the petition of Lucy Ann Gay. came back from
the Senate with a vote of recornmitiment, House
re-considered and concurred.
The select committee on the petition of Ardelia
Taylor, for change ofnamc, reported favorable ;
- ___. U: H. . l__! 1- cs 4.1. ,-
a:.;;‘.r..»'.r
Mr. Barnard,of Hartford, introduced a resolu-
tion, requesting the Comptrollerto lay before the
House, a report which was made to the General
Assctiibly at its session in 1835, on the subject of
Judicial expenses. The resolution was adopted.
The committee on Real Estate, on the petition
of Tliaddetis Beardslee,jr. reported favorable;
at-ccpted ; resolution granting prayer of petition,
adopted. ‘
Consideration resumed, of report of the Judi-
t-iary committee on the bill limiting time ofreturn
ofJustice Writs, amendmentsadopted, bill pass-
ed. ‘Adjourned.
fRetreat for Insane,
ITEMS.
Jl/fcta/ic Currcncy.—Counterfeit half dollars
of German silver, not badly executed, are circu-
lating in Philadelphia.
A hard allcrrtalivc.--Blair calls on the Pet
Banks to resume specie payments or give itp
their trust. They may try and resume, but they
cannot give tip their trust. It aint there.--Noah.
True Philosopb_y.—‘ You are quite a philoso-
pher, Sam,’ said Mr. Pickwick. ‘It runs in the
family I b’lieve sir,’ replied Mr. Weller. ‘ My
father's werry rruch in that line, now. If my
mother-in-law blows him up, he whistles. She
flies in a passion. and breaks his pipe; he steps
out and gets another. Then she screams werry
loud, and goes into ’stericks: and he smokes
yverry comfortably till she comes too ag’in.—
l‘hat’s philosophy sir aii't it ?’ ‘ A very good
substitute for it, at all events,’ replied Mr. Pick-
wick, laughing. A
An irizporlririt mot*cmc7zt.——-Tliere is a report
that a meeting is to be held this day at Albany,
oftlie friends and sttpportcrs of Mr. Van Bureu,
at which Mr. Corning, it is said, will preside,
and that the acts and measures of the adiriiriis-
tration are to be formally denounced. \Ve shall
have Mr. Van Bureri in the whig ranks shortly,
if we don’t keep a sharp look-otit. VVlien he
_]tJtTipS it is like Sam Patch.—Noah.
IIonor to whom honor is duc.—\Vc understand
from unqriestionable arithority that Mr. Swart-
wont, on his late visit to Washington, was the
bearer of a letter from our esteemed and talent-
cdfellowcitizcn, but nevertheless our political
opponent, \Vm. M. Price, Esq., U. S. District
_At.toroey, stating the commercial difliculties ex-
istrng in our city. and the great number of bonds
that would have to lie over if government per-
sisted in their being paid in specie. That his
fees and perquisites would equal $100,000 to
200,000, but he would prefer resigning his situa-
tion. however great his eniolument, rather than
be a party in adding totlie distress of the coin-
uicrcial cornmunity.—-IV. Y. priper.
An lrishman’s description of a Porcupine,
and manner of killing him.
_ ‘ The first feathered fowl I ever saw in Ama-
rzca was a Porcupine, and I lrccd him under a
hay slack and shot him with apzlch-forlr.’
E.2:pcrz'nicnlal pliilosopliy—askirg a man to
lend you money. Jlloral pbilosopliy-rcfusiiig
to do it.
—j} '
‘I-Iurrah for Jackson .’—An extensive tnanu-
facturer, in another part of this state, who has
heretofore been wealthy, but has recently sunk
under the pressure oft'netimes,-finding, froirt the
condition his affairs were in, that he must be
compelled to stop, callcdjhis host of workmen
together; nearly every one of whom has cori-
stantly supported Jackson and Van Bnren at the
polls; and inforiried thcmof his sitriatioii, and of
the necessity he was under ofdisniissing tlieiii.
He then payed offsuch as he was owing any
thing, and then said. addressing them; 'Now
you may go into the street, and hurrah for Jack-
son.‘—1lIrzss. Spy.
One and two dollar bills must now be put in
circulation again, or we must circulate ourjacl.-
knives. pencil cases. and spectacles in the place
of small cliauge. Hurrali for Jacksonl-—Palla-
tlium.
A Cincinnati paper advertises—‘ cash paid for
rags.‘ Fellow citizens. haslell to that market
with Jackson’s ‘ better currency‘ as fast as steam
can carry you.
A couple of gentlemen at Springfield, Mass.
advertise, that they are ‘ the most distinguished
paper ma-nufaclu're'rs in the United States.‘—
Ought they not to except the administration ?—
Lomfstvillc Journal.
The almost entire failure oftlie shoe business
in this vicinity, is a heavy calamity. It was
the resource of almost every family; men, wo-
men and children were engaged, and they have
no other means of obtaining their daily bread.
Should the present state ofthiugs contiriire long,
it must produce many cases of extreme suffer-
iri’g.—Hm;erltill Gaz.
The editor of the N. H. Gazette says, that
a dog recently passed through his town in
arabid state. He considered all the New-
Hampsbire dogs in a rabid state.—Lotzist:z'llc
Journal. J
A Van Burcn editor in Ohio charges us with
the doctrines of emancipation. \Ve are so far
an emancipationists as to wish him and all his
brethren emancipated fronitlie miserable and
degraded slavery, to which they are subjected
by the administratioii.—Louis1:ille Journal.
“ D0ll’t give up the Ship.”
HNORVVALEQ.
tvED.vi«;sDAY MAY24. 1337.
[I37 We mentioned in our last, that orders from
the Secretary of the Treasury were received by the
Collector of New York, on the 13th inst., requiring
till custom house bonds to be paid in specie, or the
bills of specie paying banks‘. The Collcctrr imine_
diritely repaired to ‘iVasliiiigtoii and fi'ankl_v repre-
sented to the Government the tttter_ lIlipl‘ilC'.iCLtl)llll_V
of collecting ‘lie revenue in the manner indicated by
the '1'r'easur_v Order. Tlic President and Sccretiiry
of the Treasury, replied that they considered the
laws iiiiperativc, and could not rccedc from the
measure which tlieylirul adopted. It was then pro-
posed by the Collector-—tli:it. inasmuch as the laws
were biiirlirig upon him, as well as the higher‘ pow-
ers—tlia‘t it shoulil _tu- Inf]. r..‘i.=.- .s=--_-- - --—
... circumstances might. require-leaving the matter
to be definitely settled by Congress liereafter. Find-
ing the Collector resolved upon rr-signing his coin-
inission, if his proposition was not acceded to—the
Government finally consented that he might shoul-
dertiie responsibility which he was so ready to as_
some. On his return to N. York, he comri-unicated
to a large meeting ofthe merchants of the cit_v, the
result of his visit to Wasliingtgnand expressed hig
readiness to re ceive the pay mentsi due ripen bonds iii
the usual manner, and throw liirnselfupan Congress
and the country to sustain his conduct. The mer-
chants thereupon presented’ him with a vote of
tliaiiks for his prompt and independeiit action on the
matter and then adjourned.
THE PROCLAMA’.l‘l0N.
It will be seen, front the Proclamation on our firs:
page, that the President has at last called an extra
session of Congress. Less than a fortnight ago Mr.
Van Burea flatly refused to convene Congress at an
earlier time than that appointed by the constitution;
and, anon, the whole 'l'ory press admired his firin-
ncss. And now that he has found it necessary to
recede from the ground which he then assiimed—
these same servile panders to Executive power are
extolling him for this expression of his regard to the
wishes of the people. » He descries, in our opinion,
just. about as inticb credit for this tardy measure of
justice to his much irijurctl and long stifl'criiig mun-
try, as the boy, in the spelling-book did, for coming
down out of the ripple tree. He staid there as long
as he durst—aiitl Mr. Van Btl|'(‘l| held out against all
the petitions, remonstraiices and groanslof the poo-
ple, uiilil be fr-uretl they were about to try what vll.
tue there was in std‘-nes. But, say some ofthe editorial
fr'ritei'iiit_y, who ought to know better, " the mcasui'c,
he deserves Ct‘(‘tlil for, no matter what the motive may
be which dictated it.” 'We cati subscribe to no such
doctrine as this. Under the despotic reign of Old
Hickory—liis most high handed and outrageous mea-
sures, were to be applrtuded—or at least cndut'ed—
because, forsootli, lie was '/umcst—lie mean! well
enough-liis motives were good. And new the rule
is l'(’V(£|‘SC(l—-IICVOI‘ inind tfie mbtive, we liiive Iinlhitig
to do with tliat—tlie smallest favors must be thank-
fully received and gratefully acknowledged. This
is hardly republican enough for us. We cannot
avoid the reflection, that, however it ma_v be inftrcl,
yet according to tire theory of our government, its Hr.
ficers are but the servants of the people—and as such
we sliail ever regard them, from the lowest to the
liigliest —froru the humble, bog-driving lia_v-w;.i-(1, to
the place-proud President. And we shall mm, the
libert_v not only of canvassing their public measures,
but even ofiiivestigntirig the molivcs which prompt
these inoiisures. But the want of time compels us
to suspend further reniarlts, for the present.
l? The May number of the Lttdics Companion is
a beattlifol affair. It is Cml.)l‘lll~tltO(l with u fine en.
grriving of the Kuritskill Falls by Illnian, from a.
painting by Cole--and in beauty of typogriiplty,
_k_.,;l ....._.
none of its rivals fur_tlie fztvor of the fair.
from the iizinies of tlic (!0n[l'll)lllO1‘S to this number,
(which, by the way is en.irel_y oi-iglnt!l,) its literary
merits are in keeping with its external accomplish-
l'nP.l'l{S.
Ycto-Yor/it Suspoiisiun Ltt2o.—-'.l'liis uct which the
Legislature of l\'ew-York has passed by a vcry large
majority. exr-mptstlic Brinks ofthat state, for the pe-
riod of one year from the penalties incurred bv re-
fusing specie paynicnts—limits the amount of notes
or hills which each bank may be allowed to circu-
l2lit'—-pl'0Vltlt‘S thaitno Brink “ tshilil directly or indi'
rectly divide or pay to or among its stockliolders, or
to any person for them, any dividends, interests, or
profits wliatever until it shall rt-suine the payment of
its iiotettiiid other evidences of debt in specie"-
aiid prohibits any Bank from isnlliiig or disposing of
its specie at a premium, under the penalty of for-
feiting its clirtrtcr.
No lllisla/:0 —-We were right last. week in thinking’
that “the Democracy of Norwalk” were coming to
their senses. But we hardly expected, so soon, to see
their (‘liicial orgtiii chronicle sucha paragrapli as
the followiiw. The writer appears to be in a perfect
blaze of virtuous indignation against the usurpatious
and abuses of the Government. He says:
‘The people of this country may for u long
time restrain their indignation; long have they
,borne the abuse of a power delegated to their
representatives to enact laws for the general
good, but when the collision between usurped
power and honest consciousness shall reach a
definite point, it will ignite ‘a combustible that
will lig/it to desolation those bloorl-suckers of
commmrily who revel on the prodtictions of the
‘bone and sitiew’ of the country. Itwould be
well if their situation should recur to their
minds, and induce them to. take means to ttirn
aside the wrath which must ensue from the irri-
positions that are daily practised by them, in-
stead of answering the demands on their justice
with open insult.’ '
It cannot now be doubted, but that these wicked
“ bloodsuckcrs” will have to evacuate in double quick
time-and that we shall witness a speedy reformation
iii the Councils oftlie state and nation.
The Florida Iirrlians —We are out ofpaticncc with
the advices froui Florida in relation to the close of
the Indiaii war. From week to week and month to
month, they have aiuourited to nothing more than
the landlord's cry, “ Coming sir, coining sir." \Ve
do sincerely hope that we shall soon have done with
such tatitiilizing intelligence, and. be! able to mt-
nouuce the real, gcnuiue, bonafidc, last conclusion of
the war. What follows from the Spectator looks
sotnetliing like it:
‘ By an arrival at Charleston from Black
Creek. advices nrc received to the 7th inst. A
letter from Fort Mellon antiounces the. arrival of
Occola at that post, with Phillip, anti :1 portion
of his warriors about two hundred in number.
The remainder were expected, runners having
been sent for them. On their arrival they were
to give tip the cattle and ncgroes, and then pro-
ceed to Tampa. The whole number oflndiano,
Fort Mellon, is estimated at three thousand five
hundred. Boats were ready at Tampa Bay, to
receive the emigrating Indians. The men seem-
ed in good case, brit the women appeared to
have suffered from hunger and fatigue. It now
is aflirrned again that Occola is a great mart
amongst them, though not a chief. The United
Statestroopsgenerally werein good health.-—
Occola looked thin and care-worn. Other ac-
counts say that he was accompanied by 800 in-
stead of 200 warriors.’
JAL‘Kt~3()-N MONEY.
\Ve give below a few specimens of the cir-
culzitiiig mmlitiui in the city of New-York.—-
Some of the bills are embellished with it por_
triiit of Gen. Jackson, the distingiiislied founder
of this sort of coin.
,, =uyyh‘o1_e _l,o.."-' going it with a vengeance. This we
take i , is
Tliomrrs H. Br-n:on,.and not very cnigmatical either.
The -hcarer_will be entitled to Fifly cents value
in 7‘r_=.frcsmcnls, at the Auction Hotel, 123 and
125 \Vater-street. C/tarlcs Rcclaboc/c.
New-York, May, 1837. <
Tonline Cqflcc Ifous: Good for ’]'wcnly-fitrc
Cents, in Refreshments. Caldzccll «S-Ifcnyon.
Good to the bearer for Cl'rL-clue and a lzalfcenls,
at the Merchants‘ Coffee Hoitse, 122 \Vater-
street. Hcrzry Elder.
Good for Frfly Gents.
New-York—~50 cents. Payable in Bankable
Bills, or Refreshments. Downing’s Refectory,
No. 5 Broad-street. Tlromas Downing.
, Independence Coffee_House, 289 Broadway.
Good for 6;} cents.
Good for $1 00. F. Blcincaral.
Bank Cr;-ice House.
No. , No. 39 Pine street. 153. Good
for 6;} cents in Refreshments. ‘Earle t§-Fosset.
Good at Nicl~'.erson’s, No. 25 Pine street, for
125 cents. J. H. Nickcrson.
Goorlfor-I-2% Cents,
rn’s Custom House Hotel.
I promise oti demand, to pay the bearer Four
Sliilliirgs. Ala’. l’Vcl.s/rt.
Endorsed by II. Allcins.
‘At Ho
Fifth \Var'tl Hotel, good for Twenty-five ceirts.
cents. Thomas Riley.
Astor House. Twenty-five Cents.
S. t§- F. Bo}/den.
The bearer will be entitled to Twenty-five
Cents value in refreshiiients at the Post Oflice
Lunch, 41 Chamber street. G. Woorlbrirlgo.
A NATl0.\lAL BANK.
What does it mean ‘.7 Is it policy or candor that is
bringing the consistent Register, “ right about face/,
on the subject of a Natioiizil Bank ? Does the sag:i_
cious editor of that print discern, in the signs of the
tunes, enough to warrarithim in issuing the order-
“ about ship ’!”--or is he only sounding ? The small‘
or criift must keep a bright look out for the signals
of the cornoiodm'e, lost peradventurc they find them‘
selves, of a sudden, “ on the wrong tick.” As we
are not favored with the Register in excliange for our
own licbdomadal, we are obliged to Copy the article
try it :
The New-Haven Register, one of the organs
of Democracy, so called, in Counectictit, con-
tains acomrniinication .ou the subject of the cur-
rency, which we would fain hope expresses the
views of the editors. The writer says-,:
_ .,-__...
aiidgencral elegance of appearance is surpiissed by sen
Judging we
try, .
operations at t .
the working classes of cominuriity.
uien, women, and children, in the vicinity of
On some of tlicrii is a picture of
‘ Ivni’ re.‘-naaaontulliru uf
t; the currency of the country isin confusion:
have no general currency for the whole coun-
and that is a great evil in all the business
his time; it operates hard" itpon
If a man
has morzey due to him in New-Orleans. Mflblle.
orany remote partof the Union, or even as far
as Utica, he must szicrifice a large part of all his
year’s business to avail liiiiiselfof it. _\Ve can-
not go atid bring specie without a ruinous ex-
pense, and the bills of their banks are truly rags
here—siibject to S, 10 or 15 per cent. discount.
If he wishes to travel from one part of the coun-
try to another, he cannot fill his pocket witlispe-
cie; it would neither be safe poi‘. convenient;
and if he takes the bills of ourown local banks,
by the time he puts tip for the night, he has got
to submit to a shave on the irioney in his pocket;
and he has to repeat that operation daily, (as he
travels,) to the end of his journey—-and return-
ing he has to go over the saute process again.
There is no mistake about it—\ve must have
some general currency for the whole country;
and it must be a paper currency founded on a
specie basis; we must have a currency which
will bejiist as good at New-Orleans, St. Louis,
or Bufliilo, as it is at New-Haven and Hartford,
and passjust as freely from hand to hand with-
out discount. State institutions can never firruish
such ctrrrency-the experiment has been suffi-
ciently tried, and it is now an acknowledged fail-
ure. There is no hope from that source. No-
thing short of-a national instittition, with power-
ful restrictiuiis, can accomplisli it; that can; it
has dotie it, and it can again.
These are very candid acknwlcdguients, and
we hope the Democrats of Connecticut will pori-
der them well. It seems that the want of a
National Bank ‘operates hard upon the working
classes of the community.’ Uiiltluultltltlly. it
does; but not more so than upon the merchants
Any thing which deranges
and manufacturers.
the currency ‘opcratcslraid’ upon all classes.
There is no mistake about this, what. vet‘ design-
ing politicians may have said to the contrary.
You cannot break down the active business rncu
who keep the wheels of industry in motion,
without distressing the multitudes to whom, in
one way or another, they furnish employment.
Of this we have appalling evidence in the state
of things now existing. Every measure. there-
fore, either of the National Executive, or of the
State Legislatures, or of Congress, which has
tended’ to embarrass trade and commerce and
manufacturers, ought to be regarded as a blow
aimed at the working classes. \Vhcn they are
prepared to sccthings in this light, and to act
and vote accordingly, a remedy will be provided,
and that speedily. Let the wbrking classes say,
‘ VVe have had enough expcrimcnts—we want
to go back to the old system which worked so
well till it was broken tip by Gen. Jackson ;' and
their wishes will be complied with. The nio-
tive for these endless innovations will have ceas-
ed to exist; and in its steed a motive equally
strong will exist for maintaining a stable and
uniform currency. \Vbcn Gcneru1Jakson came
into power, we had as gooda currency as airy
other nation in the world. It was a credit sys-
tem based upon speeic. This is the correct sys-
tem-'—the only system which can answer the
positive necessities oftlic country. The idea of
air entire specie currency is a liumbug; and iii
the foolish atteuipt to bring it about, we have
got—RAGS. In three weeks there will not
probably be a dozen specie-paying banks in the
nation. So much for attempting irnpossibilitics.
\Ve had a National Batik, which made ex-
changes between distant parts of the country
cheap and easy; now we have, in lieu of ex-
changes, protested notes and drafts without nutri-
ber. We had rt prosperous country-merchants.
manufacturers, farmers, artisans, mechanics and
laborers, all profitably employed and handsome-
ly reniiitieratcd for their labor; now, several
lirtndred mercantile houses are prostrate in this
city aloiic——iu some other cities a still greater
proportion of the whole, and every where the
same monotonous story of disaster and ruin is
told. Great numbers of manufacturing estab-
lishments are closed. here and elsewhere, and
the workmen are wandering about in idleness,
consuming the earnings which they have laid
up for sickness and old age. From being the
most prosperous country in the world, we have
become a wonder and a gazing-stock on account
of our reverses. Doirbtless many causes have
conspired to bring about the change, but among
the most prominent are the experiments upon
the currency, and the war upon the merchants,
who after all are the life and soul of business-—
the main-spring of the country's prosperity.
STAMFORD BASK.
At the requst of many of our subscribers, we
publish the following extract from the report of
the Bank Committee in relation to the Stamford
Bank : ‘
Previous to oirr visitation to Stamford Bank.
coniplaiuts were made that the batik had violat-
ed its charter in several respects, viz: _
lst. That the promissory notes had been pur-
chased or discounted at tuore than legal inter-
est.
2d. That the Batik had created fictitious de-
posites in order to increase its circiilatiou beyond
the limits of its charter.
3d. That the Directors had circulated. and
permitted others to circulate, 1 and 2 dollar bills
of the bank soon after the prohibitory act had
taken effect. VVhen we arrived at the bank,
these charges were iiivcstigatctl. The Presi-
dent, Cashier and several of the Directors, and
a former Cashier attended frotn New-York, and
were examined under oath: and from the whole
testimony the committee have cot'ne to the con-
clusion, that as to the first charge, the Cashier
without any permission or authority from
the directors, purchased notes at several
times to the amount of $18,000 —-at a dis-
aunt of from 9' to 12 per cent. per annun:—-
entered them upon the discount Journal of the
bank, and laid it before the board, who did not
ed to be no alternative but to receive them.
being about $52,000 above the amount author- i
i
charter, one Director drew 4 checks on Boston. s
New-York and Philadelphia, totlie amount of s
approve of the transaction. But as their money tnerchants assembled at this establishment, to
had already been paid for the notes, there seern- take into consideration the order of the post mas-
In ter general to the post masterin this city, requir-
regard to the second charge. the charter provides rug him to suspend the system of credits, which
to which we allude from the Journal of Commerce flii:t%1lflI];l)l(l:i]rtcu[1'au(”1zl0fI‘ lhilh-fink shdlii not 6-iiicecd has Teen Id exlfitetncd emf flmce Hie é»'°"°'""tf’“‘
_ ’_ » 0 ca )1 a at in an e osi es.— was orine an e nan s .
with the very pertinent remarks which accosiipa-' About February i335 Ptlie capital stock paid in for all letteis before dedivery 'pdtc:'lii?:li)?ayi:?)i:it
_ . ‘I ~ I . 9 _ . _°
was $40,000, and Deposites 7,214 dollars, six- mittee was appointed to ‘confer with the post
ty-three cents, both amounting to $475214 63; master, and request an adjourned meeting this
their circulation at that time was $99,036, this irioining. at9 o’clock, at Faneuil Hall. Accord:
zed by the charter. ‘In order however to ob- overflowing, at the appointed hour. this morning
serve the appearance of keeping within the and the committee made arcport, ending-with
—.-3,‘: .;
on Albany for $5000; anotlier on I“Iartfoi-‘difof
$10,000; making in all $60,000. It was tin‘-‘
derstood that the drawers of these checks had
no funds at these places. The amount of each
check was placed to the credit of the drawefon
the books of the bank as adeposite,anditli'e
checks were kept in the bank and counted’ as
casii. Sometime afterwards, they were given‘
up to the drawers and charged to balance their‘
deposite. This practice was several times re-
peated, and deposites thus created to the amount:
of $80,000. So that with a capital offrom
$40,000 to $70,000, and bona fide Deposites to’
the amount of from 3000 to 10,000 dollars, the
bank maintained a circulation through the most
part of 1835 of from 99,000 to 135,000 dollars-
It scctns the Directors were unacquainted with
‘banking; and on the representation of the then
Cashier, that the practice wascustomary among
banks. they wcre.prevailet.l upon by his solicit-
ation to adopt the measure. It appeared ‘now’
ever iii proof that one of the Directors entirely
disapproved of the practice, and refused to give
it his sanction. As to ttiethird charge, namely,
of circrilating small bills, it appeared that what-.
ever was done in that respect, was done at the
suggestion of the then Cashier, but was disap-
proved of by the President, and it is doubtful
whether it received the approbation of any Di-
rector. The Cashier did not directly pay out
small bills, but he suffered individuals to take
them frorri the Vault on leaving their check
therein for the bills taken. It did not however
appear that any oftlie bills were put in circula-
tion by the Dircctors. '0
NEW’ I-IAVF.-N CITY B.\NK-
The Connecticut Herald, in commenting upon
ilie Report of the Special Comririttee appoiitted
to in vcstigate the affairs of this Brink, says:
For auglit that appears, so farizis the investi-
gation has proceeded, there has been no viola-
tion oftlic charterofthcBank, but that the funds
had been so diverted as to withhold expected itc-
commodations from the community in which it.
have rather had an eye to the productiveriess of
the capital and the. amount ofits dividends, than
to facilitate the operations oftraile.
We can see nothing in the .casc that can affect
the charter of the institution, that will not equally
affect almost every Batik in the State. All the
fault is, they have rriade the most ofthcirninncy,
without making the public convenience a para-
mount cousiilcration. lfthcre is airy other Bank
that has not done the some thing, it must have
displayed a degree of liberality ‘unknown to the
ancients.’
..._. ___.........
Ilcnry Clay.--Tire following from the speech’
Of Mr. Cl ty, in the session of 1634-35, is pro-
plrecy itself. It could not have been a
more faitliful delineation if written at this
tiuic,dcscribiug what has "occurred, instead of
what would be the conscqueiicc of the madness
of niisrtilc.
* .\Ii. Clay thought it extremely fortunate
that this subjcctof Executive patronage canto
tip, at this session unencumbered by airy collat-
eral question. At the last session we had the
rcrriovalof the deposites, the ,'l'reasury Report
sustaining it, and the Protest of the President
against the Redolution of the Senate. The batik .
mingled itself with all our discinisioiis, and the
Executive power availed |lI(‘n1t5t'l\ cent‘ the pre-
judrccs which had been artfully ‘excited against
‘that institution, to ‘deceive and blitid the people
as to the enormity of Excr-utive pretensions.
The Brink has been doomed to destruction, and
no one now thinks the recliartcrof it is possible,
or ought to be attetnptctl. I frat‘, said Mr.
Clay, that the people will have just and severe
earn-e to regret its destruction. The adiiiitii*a-
tration of it was uncooinionly able; and one is
at a loss which most to admire. the irnpertum-
blc temper or the wisdom of its Cl'lligi)lCD.:(l,,
Prcsidr-.rit. No country can possibly possess 21
better general ‘currency than it supplied. The
injurious,cotiscqiieiiccs of the sacrifice of this
valuable iii.-stitiition will soon be fcll, There
being no longer airy scritiricl at the head of our
iiaiikiiig cstablishiricnts. to warn them, bv itsiu-s
formation and operationsofapproachiti: danger.
the local institutions, already iiiiiltiplied to an .
alarming extent, and almost daily tuitltiplying
in seasons of pt(ispct'il_y will make free and im-
rcstrained emissions. All tlie'chantiels -of cir-
culation will become gorge.-tl. Property will rise’
extruvagantly high, and constantly lonkingirp.
the temptation to piircliitsc. will be irresistible.
lnordinate speculation will ensue, debts will be \
freely contracted, and when the season of atl-
versity comes, us come it must, the banks, act-
ing without concert, and t.vit.‘iout guide, obeying
the law of self preservation, will all at the same
time call in their issues: the vastiiumber will‘
exaggerate the alarm, and general distress, wide
spread ruin, and an explosion of the wl:ole bank-
ing system, or the establishment ofa new Bank
of the United States, will be’ the ultimate ef-
fects.’
From the Alcxaiidiia Gazette, May 17.
F uilurc of another E.rpcrimcm'.—'l’lr‘e ridicu-
lotis attempt of the Government to sustain’ the
Pct Batik in VVashirrgton, the Batik of the Me-
lf0l70ll8 has. as was generally anticipated, entire-
ly failed. and that institution. backed by the‘
Mint itself, has suspended specie payments!
The public saw, with indignation, for several
days, displayed in broad day light,the favoritism
and partiality of the govcrrinient exercised for
itsown ptrrposcs, iu_ regard to this bauk. \ It was
no ill feeling against the bank itself or its friends
that prevailed-soextensively, but a strong fand
deep sense of the pgelpable_inju'stice of the
course pursued, that roused and excited mans‘
minds. ' . , .
Tire country was prit under requisition to sup-
ply this batik with gold and silver-'-the Mint"
forruuesofthe Directors ofthe bank u'cre..prom-
iscrl to be "pledged to sustain its credit-puffs
were daily issued in the administration papers, '
and the public funds lavished upon it, without
authority or security, and yet. after all this aid
and assistance; all this pufiing and swagger-
iiig; the bank had tosuccumb and declare itself
no better than the other institutions of the equa-
try ofa like kind. '
And thus ends another Experiment-—jnst_ as
all the experiments of the Currency Tinkers.
who have been and are at work always .will
end. ‘ -‘
\Vere not the country suffering, the miser'a-
ble abortions of the administration would only
move mirth and ridicule. As it is, we can,l9ut,- ’
look on, ‘more in sorrow than in_anger.’.-
Bos'roN, May 12 M,
Last evening a spontaneous meeting of the
ugly, the ‘old cradle of liberty’ was filled to
cveral spirited and energetic resolutions, which
l'lt)W_1_i)8l. not a little ‘ fire of the flint.’ which‘ uni:
t'I‘l' U‘ .’ 1.‘ I. 1 ," _ fa _ .,- .‘ . .
“Use 319 t '3°C0Ul’0‘gitlg’_,Cl.-OLl‘.fl for the lire , 310,000, another on Troy for -$2000, another piglet] the bosouis of tlie’fatbe_r§ of the revolution
is locatc’ii‘;M or that the President and Directors\
was drawn upon for its treasures—-the pl’l‘.'dl9 \
\
s
..
\
P
Norwalk Chronicler